Happy Halloween From CRFB
Happy Halloween! For the spookiest day of the year (though some might argue that's April 15th), CRFB is thinking about scary costumes and wondering...
FY 2014 Budget
The More the Budget Changes, the More Things Stay the Same
With FY 2014 officially in the book, it’s time to look back at how spending and revenues have changed since the FY 2009’s highest nominal...
Gleckman: A Return to Fiscal Normalcy but Not For Long
In response to the release of final FY 2014 deficit numbers, Tax Policy Center's Howard Gleckman writes that this year's outcome just returns the...
Why Has the Deficit Come Down Faster Than Expected?
We noted in our discussion of the final Monthly Treasury Statement for 2014 that the deficit has fallen by two-thirds since 2009 after rising by...
Update: Falling Deficit is Not a Sign of Fiscal Sustainability
With the Treasury Department's year-end Monthly Treasury Statement having been released, we have revised last week's report today showing what the...
Delayed Action on Extenders Might Add to FY 2015 Deficit
While explaining why deficits have fallen from their historically large peak in 2009, we noted the main source of this tumble is a 43 percent rise in...
Medicare Registers Fourth-Lowest Growth Rate in Program History in 2014
With today's release of the Congressional Budget Office's (CBO) final Monthly Budget Review for Fiscal Year (FY) 2014, many will be focused on...
A Drama-Less Happy Fiscal Year!
The calendar turns over for the federal government today as FY 2015 is underway. Unlike last year, which started with the government being shut down...
White House Releases Supplemental Immigration Request
The White House this week requested an additional $4.3 billion in discretionary appropriations for the current fiscal year to cover the cost of the "...
Appropriations 101
Note: We have updated this paper, please see the latest Appropriations 101